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News
Current developments in S corporations
1+ mon, 1+ week ago (1332+ words) This annual update covers recent developments, including court cases and selected administrative changes occurring in the 12 months ending March 2026....
Tech News: Bizora announces advisory group
1+ mon, 2+ week ago (125+ words) Bizora announces advisory group, will sign off on opinions; Paylocity launches Ignite AI for automation, insights; ContinuServe upgrades combine Quartrro, ContinuServe and USWired; and other accounting tech news. Plus, JLK Rosenberger names a new MP; Crowe appoints a global growth…...
Financial restatements drop 18%
3+ mon, 1+ week ago (253+ words) Corporate restatements dropped by almost a fifth (18%) in 2025, according to a new report, continuing a long-term trend of decreases. At 391, last year had the second-lowest number of restatements in the past 20 years, according to Ideagen Audit Analytics' new "Financial Restatements…...
Morgan Stanley is set to report first-quarter earnings — here's what the Street expects
4+ mon, 4+ week ago (293+ words) Morgan Stanley on Wednesday posted first-quarter results that topped analyst estimates as the firm's trading operations generated almost $1 billion more in revenue than expected. Here's what the company reported: The bank said profit jumped 29% to $5.57 billion, or $3.43 a share. Revenue…...
Bank of America is set to report earnings. Here's what to expect
4+ mon, 4+ week ago (407+ words) Bank of America, the nation's second-largest lender, beat on the top and bottom lines during the first quarter, bolstered by equities sales and trading. Here's what the firm reported: The bank said Wednesday that net income rose 17% to $8.6 billion, or…...
Citigroup to report first-quarter earnings before market open
4+ mon, 4+ week ago (421+ words) Citigroup beat on the top and bottom lines during the first quarter. Here’s what the firm reported on Tuesday, compared with Wall Street estimates compiled by LSEG: Those results marked the firm’s best quarterly revenue in a decade and a…...
Morgan Stanley earnings top estimates driven by wealth management
7+ mon, 4+ week ago (252+ words) Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here's what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting: Fourth-quarter net income…...
Tech news: Intuit, Gusto both tout Claude integrations
5+ mon, 3+ day ago (116+ words) Intuit, Gusto both tout Claude integrations; Oracle premiers Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates. Plus, the SEC names a new enforcement director, FASAB names a new chair, EY names…...
When adjusted earnings make for smarter deals
7+ mon, 2+ week ago (680+ words) In an era when nearly nine out of 10 S&P 500 companies report non-GAAP earnings, accounting professionals find themselves walking a fine line between transparency and optics. Regulators have long voiced concern that these adjusted metrics may mislead investors; yet a…...
Baker Tilly Int'l revenue grows 21.3% to $6.8B
7+ mon, 4+ week ago (252+ words) Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025, growing 21.3% to $6.8 billion worldwide. Every geographic region experienced revenue growth, with North America seen as the fastest-growing…...